RushNet Inc. (OTCMKTS:RSHN) Stock Sees Buying at Lower Level: Here is Why
RushNet Inc. (OTCMKTS:RSHN) jumped 50% after the company announced a six Part interview series expected through FMW’ Media’s Newsmax/new to The Street. The interview will be broadcast via several media outlets, including Bloomberg Network, Fox Business, RNN, KRON, Newsmax, and other outlets reaching up to 300 million homesteads.
Recently RushNet bought heliosDX, which is a National Diagnostic Lab witnessing considerable growth via acquisitions. RushNet and heliosDX CEO Ashley Sweat said they are delighted to team up with FMW Media’s Newsmax/New to The Street to bring professionalism, expertise, and needed market awareness to the nationwide audience.
The interviews come at an ideal moment for heliosDX as they prepare to launch the National Sales Campaign using Verb Technology Inc.’s (NASDAQ:VERB) leading interactive sales and marketing platform. Currently, heliosDX, HIPAA compliant and CLIA Certified, has contracts in 44 states, and recently, COLA recognized it for its lab excellence. heliosDX does approximately $1.5 million sales each quarter and expects $5-6 million sales this year. So, in the coming days, RUSHN is a stock to watch.
Market Reaction:
On Monday, RSHN stock soared 50% at $0.0084 with more than 547.91 million shares, compared to its average volume of 289.08 million shares. The stock has moved within a range of $0.0064 – 0.0095 after opening the trade at $0.0069. Over the past 52-week, the stock has been trading within a range of $0.0001 – 0.0249.